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we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots they're going -- i was told that apple is going into a plant in the u.s. that's a robotic plant so american workers aren't really going to be hired. >> last year in foxconn, they had 10,000 robots. if you have robots, china's cost manufacturing advantage is really nil except for chinese consumers. >> as long as we keep drilling for natural gas and we have the shale revolution, that's going to make us more competitive. i'm not making a case for china. i'm just a little interested in the apple case. that's what i'm saying. i'm a little interest
we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company...
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Dec 10, 2012
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lawmakers have no choice but to give in to the white house demands to raise tax breaks on the wealthy if they want to achieve their main goal of entitlement reform. >> there are a growing group of thugs looking at this and realizing we don't have a lot of cards as it relates to the tax issues before year-end. >> will i accept the tax increase as part of a deal to solve our problems? yes. >> senate republicans are facing opposition to their tax concessions in the house and democrats haven't been too receptive to their idea owes entitlement reforms. for more on this, jens is still with us. we've got, what, two working weeks until the end of the year. what's your base view here as to how this plays out? >> our base case is that we will get a type of deal probably later until the year. so i don't think it will be much of a christmas holiday for the key negotiators. i would say 60% to 70% probability that we get that pancake deal. then the details will have to be hammered out next year on a more comprehensive tax reform and so forth. if that's the case, then that should give a bit of a boo
lawmakers have no choice but to give in to the white house demands to raise tax breaks on the wealthy if they want to achieve their main goal of entitlement reform. >> there are a growing group of thugs looking at this and realizing we don't have a lot of cards as it relates to the tax issues before year-end. >> will i accept the tax increase as part of a deal to solve our problems? yes. >> senate republicans are facing opposition to their tax concessions in the house and...
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the white house says the administration has made extensive proposals to reduce spending. but republicans haven't offered specifics on revenue increases. >>> let's turn to monetary policy. we've got spencer dale from the bank of england out reiterating his relatively hawkish stance when it comes to what the central bank can achieve in the u.k., warning that inflation is sticky and saying spare capacity is not a great gauge of inflation. pressures saying that monetary policy can only play a limited role in easing the country's painful economic adjustment. this, of course, in contrast to mark carney's comments yesterday. the incoming bank of england governor saying that in fact monetary policy can be quite effective and maybe should be more aggressive in time of low growth. and he perhaps would like to scrap the inflation target that his brpredecessor introduced altogether. >>> the federal reserve wraps up its two-day policy meeting this afternoon with a decision due at 12:30 p.m. eastern. will be followed by updated projections and ben bernanke's prius briefing. the fed --
the white house says the administration has made extensive proposals to reduce spending. but republicans haven't offered specifics on revenue increases. >>> let's turn to monetary policy. we've got spencer dale from the bank of england out reiterating his relatively hawkish stance when it comes to what the central bank can achieve in the u.k., warning that inflation is sticky and saying spare capacity is not a great gauge of inflation. pressures saying that monetary policy can only...
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and frankly, all we've heard from the white house is what they're not willing to do. so the president has signed the it tension of these rates in the past. i think the underreported story in all of this drama are senate democrats that are wringing their hands and avoiding eye contact. >> mcconnell would have produce the brought it up not just as an amendment. >> we're too busy today, forget it. >> they can't pass it in their own house. >> so here is the question. the operative question is does this administration really want to take to us $22 trillion? is that really where they want to go? because that's the pathway. and if they do, aren't we better to deal with this right now? this doesn't get any better the longer we wait. when you have the speaker saying we're willing to move, our movement is to put revenue on the table -- >> are you saying a bucket of crazy is better than the long term implications? >> that's what the country is dealing with. neither are things you want to embrace because they're both miserable. but based on experience in illino illinois, illinois
and frankly, all we've heard from the white house is what they're not willing to do. so the president has signed the it tension of these rates in the past. i think the underreported story in all of this drama are senate democrats that are wringing their hands and avoiding eye contact. >> mcconnell would have produce the brought it up not just as an amendment. >> we're too busy today, forget it. >> they can't pass it in their own house. >> so here is the question. the...
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obama has been against right to work legislation. you looked at what happened in wisconsin with governor scott walker. his attempt to take away collective bargaining rights and he's spoken out about this, too, saying that unions have helped the meddle class and that they've helped the american economy. >> alison kosik, live for us watching the impending crowds in lansing. stay with cnn today at 2:00 p.m. eastern, when president obama is set to speak live. we're also going to see if he has anything to say about exactly what alison was just reporting on and i have some breaking news. an update about the death of the navy s.e.a.l. in afghanistan that we brought you just about a half hour ago. the defense department is now sending out his identity. and he -- he was petty officer first class nicholas check. 28 years old of monroeville, pennsylvania. special op killed in action during that special forces mission to rescue an american doctor in afghanistan. that doctor, he was either kidnapped by taliban or smugglers. we do know that check
obama has been against right to work legislation. you looked at what happened in wisconsin with governor scott walker. his attempt to take away collective bargaining rights and he's spoken out about this, too, saying that unions have helped the meddle class and that they've helped the american economy. >> alison kosik, live for us watching the impending crowds in lansing. stay with cnn today at 2:00 p.m. eastern, when president obama is set to speak live. we're also going to see if he has...
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now, we need a response from the white house. we can't sit here and negotiate with ourselves. >> house speaker boehner saying that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you
now, we need a response from the white house. we can't sit here and negotiate with ourselves. >> house speaker boehner saying that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the...
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president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and science and public research grants could be cut including in to cancer and childhood diseases. fewer americans could receive drug abuse treatment and $700 million slashed from the epa budget. cutting back of food inspection. disaster relief, omb says, quote, the federal emergency management administration's ability to respond would be undermined. and finally, from border patrol to hiring new fbi agents, correction officers, federal prosecutors, all could be scaled back. now, all of these cuts, brooke, don't happen exactly at 12:01 a.m. on january 2nd. they happen over the course of a year. but agencies
president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and...
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statement, president obama has long opposed so-called right to work laws and he continues to oppose them now. the president believes our economy is stronger when workers get good wages and good benefits. and he opposes attempts to -- he opposes attempts that -- can we change the graphic? >> it is up on the screen. >> he opposes the -- roll back their rights. michigan and its workers' role in the revival of the u.s. automobile industry is a prime example of how unions have helped build a strong middle class and strong american economy. that has come from matt lairic before the president's speech there. polls show michiganders are torn, divided on this measure. some polls show a little bit of majority support on the effort. but the president is coming down squarely on the side of unions here. and he -- there is leave nothing room for doubt where he stands, brooke. >> that's what we're hearing, what you're getting from the white house today and certainly we don't know, but perhaps the president will mention what is happening not too far away in lansing. let me ask you, jessica, the fis
statement, president obama has long opposed so-called right to work laws and he continues to oppose them now. the president believes our economy is stronger when workers get good wages and good benefits. and he opposes attempts to -- he opposes attempts that -- can we change the graphic? >> it is up on the screen. >> he opposes the -- roll back their rights. michigan and its workers' role in the revival of the u.s. automobile industry is a prime example of how unions have helped...
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president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax rates for everyone. instead they'd raise money only by limits deductions and closing loopholes. speaker boehner says this will raise $800 billion over ten years. >> america faces a serious problem. our goal is to make sure it gets solved. >> step two, avoiding the drastic spending cuts that begin on january 1st, the so-called sequester. both sides want to find savings in medicare, but disagree about how to do it. >> we need a responsible white house. we can't sit here and negotiate with ourselves. >> and step three? the debt limit. >> i will not play that game. >> because we've got a -- we have to break that habit before it starts. >> the nation is going to hit the debt limit early
president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax rates for everyone. instead they'd raise money only by limits deductions and closing loopholes. speaker...
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obama had selected her piece as the winner. >>> coming up, the bionic actor. we have a young man here with his luke skywalker hand and an update on his recovery from a horrific accident onset. plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel®, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal, events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b
obama had selected her piece as the winner. >>> coming up, the bionic actor. we have a young man here with his luke skywalker hand and an update on his recovery from a horrific accident onset. plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9...
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." >>> president obama steps out of the white house and into the home of a family much like those many middle class families all across the united states. it's all part of an effort to winover support for his plan in the face of fierce deadlock with the republicans over the looming fiscal cliff. our white house correspondent dan lothian caught up with the family just after the president left. dan is joining us now with the latest. how did it go, dan? >> reporter: well, wolf, the white house believes it went well. we've seen the president use this strategy before when he's locked in battle with republicans. he takes his message on the road. white house spokesman jay carney saying there are no announcements about face-to-face meetings or phone calls. for now this is how we see the president negotiating. it's a negotiating tactic that president obama always keeps in his tool kit, head to a backyard or living room, sit down with families who say his approach offers economic relief and send a loud message to congress with a personal touch. >> for them to be burdened unnecessarily because de
." >>> president obama steps out of the white house and into the home of a family much like those many middle class families all across the united states. it's all part of an effort to winover support for his plan in the face of fierce deadlock with the republicans over the looming fiscal cliff. our white house correspondent dan lothian caught up with the family just after the president left. dan is joining us now with the latest. how did it go, dan? >> reporter: well, wolf,...
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with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the men did manage to agree on one thing, and that is that they will keep their negotiations behind closed doors. the men released this identical statement, saying this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign. it was just about a week ago that we were reporting about how nothing was going on
with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the men did manage to agree on one...
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in fact, even when president obama and house speaker john boehner were in the same room together like they were last night at the white house holiday reception for congress members, they didn't even speak. the president was asked about that today. >> speaker boehner was here at the white house last night for a christmas party. the two of you didn't even speak. what's it going to take to get the two of you in a room to hash this out? >> well, speaker boehner and i speak frequently, and i think the issue right now -- >> when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> as i mentioned, the american people want the people they elected to sit down together, work it out. a new gallup poll shows 62% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and this white house can't seem to get together and compromise on a deal? it certainly isn't the first time republicans and democrats haven't seen eye-to-eye on an i
in fact, even when president obama and house speaker john boehner were in the same room together like they were last night at the white house holiday reception for congress members, they didn't even speak. the president was asked about that today. >> speaker boehner was here at the white house last night for a christmas party. the two of you didn't even speak. what's it going to take to get the two of you in a room to hash this out? >> well, speaker boehner and i speak frequently,...
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obama won the white house. but gays and lesbians lost the right to marry in california. >> we try to figure out what to do next. then we thought about the idea of a possible legal challenge to proposition eight. and serendipitously a friend of my wife's came by the table. >> reporter: the friend suggested they would find an ally in her former brother-in-law, who turned out to be ted olson, a towering figure in the conservative legal movement. so that stunned you, right? >> yes, more than stunned me. it stunned me, but i said if this is true, this is the home run of all times. i mean, the idea that ted olson, this arch conservative, the solicitor general for george bush, who had argued bush v. gore, and basically put me in bed for a couple of days, i was so depressed after bush v. gore, was interested in gay rights. i thought, let's check it out. >> reporter: didn't you have any doubts about ted olson? >> you know, they say that politics makes strange bedfellows. well, you don't have a stranger bedfellow than me
obama won the white house. but gays and lesbians lost the right to marry in california. >> we try to figure out what to do next. then we thought about the idea of a possible legal challenge to proposition eight. and serendipitously a friend of my wife's came by the table. >> reporter: the friend suggested they would find an ally in her former brother-in-law, who turned out to be ted olson, a towering figure in the conservative legal movement. so that stunned you, right? >>...
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. >> just went to the white house, rachel maddow and company, visiting president obama. >> it seems like you're having a different debate. he has a right to go do this, even though i disagree with him. he should also pay the price, as you say, lauren, for what he did. if audiences turned off, they turn away. it's not that he lose his job. >> oh, my god, i agree with will cain. you said does he have the right. of course he has the right. he's a thoughtful, intelligent human being. >> not does he have the right but is it appropriate? >> you run the risk of backlash. >> sacrisanct place with sports. >> are you kidding me? >> no. >> get politics out of sports. this country is so divided. >> i have bad news for you, the front page of usa today. >> where i used to work. >> i don't want my sportscasters editorial. >> he was quoting a sports -- >> no, he wasn't just quoting a sports -- >> he went on to make his own editorial point but it was clearly a conversation happening in the sports world around something that just happened. >> two people had just been killed. >> the damage is done that bob
. >> just went to the white house, rachel maddow and company, visiting president obama. >> it seems like you're having a different debate. he has a right to go do this, even though i disagree with him. he should also pay the price, as you say, lauren, for what he did. if audiences turned off, they turn away. it's not that he lose his job. >> oh, my god, i agree with will cain. you said does he have the right. of course he has the right. he's a thoughtful, intelligent human...
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or what the white house saying pointing to his policies as not working for the economy. we haven't heard from the speaker's office i don't believe yet but he will be talking before cameras at 11:00 a.m. and likely get reaction there, don. >> brianna keilar. thank you, brianna. want on go to wall street now where for now at least the markets like what they saw this morning. all three indexes trading in positive territory. alison kosik and s who we will go to. tell me what's going on. >> we are seeing the nasdaq dip a bit into negative territory. you are seeing a mixed bag at this point. you know, you see the buildup to the release of this report. investors, they have been cautious all week. heading into this report. expectation was that there will be a really weak mum coming out of this. this is a surprise to the upside. report was basically double what everybody was expecting. still you are seeing a lot of caution here on wall street because many of the jobs that were added were seasonable ones. this is the reality check with this. number of retail jobs added, 53,000, a
or what the white house saying pointing to his policies as not working for the economy. we haven't heard from the speaker's office i don't believe yet but he will be talking before cameras at 11:00 a.m. and likely get reaction there, don. >> brianna keilar. thank you, brianna. want on go to wall street now where for now at least the markets like what they saw this morning. all three indexes trading in positive territory. alison kosik and s who we will go to. tell me what's going on....
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jeffrey toobin is author of "the oath: the obama white house and the supreme court." so what exactly does he mean? you've studied justice scalia. you have studied the law. when he talks about the reduction to the absurd. >> well, it's actually a very interesting controversy that may be changing before our very eyes, wolf. because historically one of the grounds that congress can pass a law is they say, we morally disapprove. moral disapproval is not an aprop pree grounds for a government action but over time the court has said certain kinds of moral disapproval is no longer allowed. you can't simply disapprove of blacks and whites going to school together and pass a law. the question now is, is moral disapproval of homosexuality a legitimate ground for the government doing anything? that's really one of the main issues in this case coming out. >> that's his argument, that that's why he's opposed to it? is that what you're saying? >> well, what he's saying is that the legislature, whether it's a state legislature or congress can say we morally disapprove of homosexuali
jeffrey toobin is author of "the oath: the obama white house and the supreme court." so what exactly does he mean? you've studied justice scalia. you have studied the law. when he talks about the reduction to the absurd. >> well, it's actually a very interesting controversy that may be changing before our very eyes, wolf. because historically one of the grounds that congress can pass a law is they say, we morally disapprove. moral disapproval is not an aprop pree grounds for a...
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my hope is in president obama's second term he'll be the leader of the world and not lagging behind the other nations in doing something about global warming. >> you're a nuclear engineer at one point, promoted nuclear energy. how do you make the distinction between nuclear energy for good use, good purposes, and for bad use? and iran's argument that they are creating nuclear energy for power and not as a threat to the united states, speak to the link between energy and national security. >> i was in charge of a development of the second atomic submarine and i was an early nuclear physicist. that was my graduate work. i had what's convinced then and now nuclear power for peaceful purposes. it ought to be not for wars or bops but for producing power. at same time in needs to be safe. we never had anybody hurt in the country because of a nuclear accident. i was president when three mile island took place and there was very dire concerns about the consequences of that ma that many people would get killed. the next day my wife and i went to the control room in three mile island to prove it
my hope is in president obama's second term he'll be the leader of the world and not lagging behind the other nations in doing something about global warming. >> you're a nuclear engineer at one point, promoted nuclear energy. how do you make the distinction between nuclear energy for good use, good purposes, and for bad use? and iran's argument that they are creating nuclear energy for power and not as a threat to the united states, speak to the link between energy and national security....
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. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >>> holiday hiring may have given a big boost to the jobs report released yesterday. retail hirers hired more people than any month on record since 1939. 146,000 jobs were added to the economy last month, and the unemployment rate fell to a four-year low of 7.7% partly because thousands have just simply stopped looking for work. >>> more good news for your wallet. gas prices are down to an average of $3.36. it is the 16th consecutive time the price has dropped. the highest price for a gallon of regular is in high wher
. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the...
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dan lothian is at the white house. dan, he is meeting with business leaders, but there is no phone conversation that is taking place, no conversations at all taking place with boehner now. what position is the white house in? how does the president feel this is going? >> you're right about that. the white house continues to insist conversations are ongoing, but i'm hearing from gop aides that, in fact, what we're seeing in the public is exactly what's happening in the private, and that is that it's essentially a standoff. there are no phone conversations, no e-mails, no texting going back and forth, and identify been talking about this. it's very difficult to see how this process moves fashd if -- we see them bringing in business leaders to the white house, ceos, middle class americans, and they're reaching tout these ceos of the business roundtable saying his policies will help businesses. his policies will make it easier to create jobs and that he is rooting for them. at the time he is trying to get behind his positi
dan lothian is at the white house. dan, he is meeting with business leaders, but there is no phone conversation that is taking place, no conversations at all taking place with boehner now. what position is the white house in? how does the president feel this is going? >> you're right about that. the white house continues to insist conversations are ongoing, but i'm hearing from gop aides that, in fact, what we're seeing in the public is exactly what's happening in the private, and that is...
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the white house and congress had three weeks to reach a deal on the dispool cliff as president obama, house speaker boehner and their aides hold private talks americans wait to see if their tax rate will go up january 1st. for some without a job they risk losing unemployment. kyung lah talks with a woman who has been out of work a year while trying to raise two children. >> reporter: liz calls it a financial freefall. >> i wish i wasn't in this situation but it is what it is, and i could just do what i can. >> reporter: de bats lost her job as a new home sales manager last january. on an old laptop with a broken cord she keeps track, averaging 15 applications a day, at age 54, this is the first time she's ever been on unemployment. she's emptied out her 401(k), her savings and now the last resort, the emergency federal jobless program has department de bats in her town home giving her $450 a week. on december 29th unless the congress acts, the money stops. >> we're not living off the system. it's not a luxury to be on unemployment. it's a means to keep us going. >> reporter: the fear
the white house and congress had three weeks to reach a deal on the dispool cliff as president obama, house speaker boehner and their aides hold private talks americans wait to see if their tax rate will go up january 1st. for some without a job they risk losing unemployment. kyung lah talks with a woman who has been out of work a year while trying to raise two children. >> reporter: liz calls it a financial freefall. >> i wish i wasn't in this situation but it is what it is, and i...
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will fall back into recession if president obama and congressional republicans can't head off big tax increases and government spending cuts that are now 25 days away. for now, the administration is looking at the economy's bright side. let's go live to our white house correspondent dan loathian. >> reporter: the white house says it is another indication that the economy is starting to heal from some of the wounds inflicted by the economic downturn. vice president joe biden out speaking with middle class americans today said that the u.s. economy has turned the corner. he was very emphatic about that saying saying it is moving in a positive direction. at the same time, he was putting pressure on lawmakers to come to an agreement to avoid the fiscal cliff. it was yet another white house effort to rally support around its approach to the fiscal cliff. joe biden sitting down with seven middle class americans worried about their taxes going up. >> these are hard working, serious americans who are playing by the rules, doing it all right, and struggling already in this economy. >> reporter
will fall back into recession if president obama and congressional republicans can't head off big tax increases and government spending cuts that are now 25 days away. for now, the administration is looking at the economy's bright side. let's go live to our white house correspondent dan loathian. >> reporter: the white house says it is another indication that the economy is starting to heal from some of the wounds inflicted by the economic downturn. vice president joe biden out speaking...
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Dec 11, 2012
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is it a pro-obama group or republican? it is really its own group. host: who are some of the names people might recognize, the ceo's of which companies? guest: the efforts the white house has made this year is much larger and much more effective than it was last year. they are bringing in more people with business ford but with a lot of other organizations as well. the president spoke with financial services leaders and has brought in two groups of big-name ceos. -- the president has spoken with business forward. of out of 10 per ceo's small companies. -- tend to be ceo's of small companies. smaller investors, smaller business owners. host: what are the members concerns with the fiscal cliff stocks? guest: for most small-business owners and senior executives at big companies, the fear is that going over the cliff, even on a technical term, will increase their borrowing costs and will put our economic recovery at risk. most business leaders point to simpson-bowles. they understand that we have to raise revenue and we also have to control spending. the
is it a pro-obama group or republican? it is really its own group. host: who are some of the names people might recognize, the ceo's of which companies? guest: the efforts the white house has made this year is much larger and much more effective than it was last year. they are bringing in more people with business ford but with a lot of other organizations as well. the president spoke with financial services leaders and has brought in two groups of big-name ceos. -- the president has spoken...
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Dec 10, 2012
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. ♪ host: president obama and john boehner met yesterday afternoon at the white house to avert the so-called fiscal cliff. their first meeting in 23 days. both sides are not saying what if any progress were made. washington has 22 days left to me -- make a deal. "the post" had lined, "a deal is a vital." what are you willing to sacrifice to avert the so-called this clip? for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. remember, also, send us it twitter message, the analysis is that americans need to embrace sacrifice again. he says that any outcome of this is going to require sacrifice and pain from the american public. in the peace he writes that the problem is not washington, that it is us. no longer are we willing to pay for the things that we know that we need. boaters that demand something for nothing will demand otherwise. politicians who fear for their jobs will comply. we want to turn to all of you and ask you, what are you willing to sacrifice? are you willing to change medicare and social security as republicans say is needed? are you wil
. ♪ host: president obama and john boehner met yesterday afternoon at the white house to avert the so-called fiscal cliff. their first meeting in 23 days. both sides are not saying what if any progress were made. washington has 22 days left to me -- make a deal. "the post" had lined, "a deal is a vital." what are you willing to sacrifice to avert the so-called this clip? for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. remember,...
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Dec 10, 2012
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national captioning institute] [captions copyright national cable satellite corp. 2012] >> president obama travels to michigan today. he will be speaking to autoworkers in a plant outside detroit about extending the bush tax cuts for the middle class. the president met with john boehner at the white house to discuss a deal to avoid the automatic tax increases and spending cuts that are set to kick in at the beginning of next year. we will have live coverage of the prison in michigan starting at 2:00 p.m. eastern. -- the president in michigan starting at 2:00 p.m. eastern. at 5:30 p.m. eastern, how u.s. debt, economic growth, and baby boomers retiring could lead to political and economic change. also, the u.s. senate meets today to continue debate on extending insurance on higher deposit announced. live coverage begins at 2:00 p.m. eastern on c-span2. the house gavels in a tomorrow. we will have live coverage tomorrow at 2:00 p.m. eastern here on c-span. >> i think people still love discovery. they are ready to find the price -- find surprises. every month or every year i google about some
national captioning institute] [captions copyright national cable satellite corp. 2012] >> president obama travels to michigan today. he will be speaking to autoworkers in a plant outside detroit about extending the bush tax cuts for the middle class. the president met with john boehner at the white house to discuss a deal to avoid the automatic tax increases and spending cuts that are set to kick in at the beginning of next year. we will have live coverage of the prison in michigan...
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Dec 11, 2012
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obama-friendly business groups given great access to the white house. guest: we bring business leaders from around the country to work on health care reform, immigration reform, the fiscal cliff, intellectual property protection and the business leaders are speaking for themselves. generally speaking, business leaders are centrists. they're data driven, results oriented. and they are looking for compromise in washington. state proobama group? a republican group? it's its own group. host: who are some of the names people might recognize or c.e.o.'s of which companies that have talked to the president? guest: i think the effort that the white house has made this year is much larger than i think much more effective than last year. they're bringing in more people with business forward but with a lot of other organizations as well. the president spoke to financial services leaders, brought in i think at least two groups of big-name c.e.o.'s. what we're talking about is business leaders from local markets. six out of 0 people who participate in business forwa
obama-friendly business groups given great access to the white house. guest: we bring business leaders from around the country to work on health care reform, immigration reform, the fiscal cliff, intellectual property protection and the business leaders are speaking for themselves. generally speaking, business leaders are centrists. they're data driven, results oriented. and they are looking for compromise in washington. state proobama group? a republican group? it's its own group. host: who...
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Dec 13, 2012
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this afternoon within the last couple of minutes word that speaker boehner will meet with president obama about the fiscal cliff and negotiations in the speaker office september out a message theying that speaker boehner will meet with the president at the white house. we'll keep you posted on that. here's is a look at prime time programming. we'll get the updates on the fiscal cliff on c-span. c-span 3 has a look at the deletes of the nation's infrastructure. all of that getting under way at 8:00 p.m. eastern on the c-span networks. >> my inspiration was the idea, i wanted to explain how told tarian happens. we know the documents of the cold wars and staw lynn, churchill, and truman. we read them, we have written them. i want to show from the ground up. what did it feel like to be one of the people who were subjected to this system. how did people make choices in this system? how did they react and how did they behave? one of the things that happened in 1979 one of the regions that we called eastern europe these countries no longer have much in common with one another. >> more with ann a
this afternoon within the last couple of minutes word that speaker boehner will meet with president obama about the fiscal cliff and negotiations in the speaker office september out a message theying that speaker boehner will meet with the president at the white house. we'll keep you posted on that. here's is a look at prime time programming. we'll get the updates on the fiscal cliff on c-span. c-span 3 has a look at the deletes of the nation's infrastructure. all of that getting under way at...
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Dec 7, 2012
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the most pessimistic white respondents. republicans most concerned about their own personal situation. and then on the issue of compromise, this is a somewhat interesting slide i think. we asked should president obama compromise or remained firm in his program? 59% of those who said they voted for president obama want to see compromise. we asked of those identified themselves as voting for governor romney, should the
the most pessimistic white respondents. republicans most concerned about their own personal situation. and then on the issue of compromise, this is a somewhat interesting slide i think. we asked should president obama compromise or remained firm in his program? 59% of those who said they voted for president obama want to see compromise. we asked of those identified themselves as voting for governor romney, should the
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Dec 10, 2012
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barack obama wasn't the first one. again, this idea that he was the first one to invite jorge and jose diaz-balart to the white house, you know, i was in the bush administration. i remember president bush being extremely good with spanish-language media. i mean, we -- president bush in the campaign in 2000-2004 was extraordinary in terms of the latino media. can latinos forget? absolutely. i mean, you mentioned pete wilson debacle in california. well, only a few years later, george w. bush was winning with 40-44% of the latino vote, 2004. only eight years ago. >> not in california. >> not in california. >> not california, that's right. not california. >> he blew. >> not california. not california, not new york, that's right. but we were extremely competitive. i don't think latinos have forgotten about that. i think latinos understand that ronald reagan was the last one to pass immigration reform. they understand that george w. bush worked very hard for immigration reform, and i think what we allow ourselves is for a sm
barack obama wasn't the first one. again, this idea that he was the first one to invite jorge and jose diaz-balart to the white house, you know, i was in the bush administration. i remember president bush being extremely good with spanish-language media. i mean, we -- president bush in the campaign in 2000-2004 was extraordinary in terms of the latino media. can latinos forget? absolutely. i mean, you mentioned pete wilson debacle in california. well, only a few years later, george w. bush was...
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Dec 6, 2012
12/12
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is in the white house because obama depended on people who were dependent on government. it is just the handout, the takers are the ones who elected barack obama. >> right. the gifts argument. i think there has been a split on the language of this, whether or not the actual ideals of it. the language, split since romney lost and made his little gifts comment after the election. >> bill: that obama won by handing out gifts to the constituencies. >> minorities, women. just gave them -- best example is gave women contraception for their votes. that's potentially -- basically what they said. sununu yesterday or i guess it was tuesday night said that he said the same thing. he was like if you look at this, it wasn't about message. we didn't lose because of message. we lost because -- >> bill: didn't lose because they had a lousy candidate. >> we lost because of the hold-in to obama and what they can give him. >> bill: they're just in denial, right? >> what's interesting about this is with romney specifically has been after that 47% video came out, the pathway romney went throu
is in the white house because obama depended on people who were dependent on government. it is just the handout, the takers are the ones who elected barack obama. >> right. the gifts argument. i think there has been a split on the language of this, whether or not the actual ideals of it. the language, split since romney lost and made his little gifts comment after the election. >> bill: that obama won by handing out gifts to the constituencies. >> minorities, women. just gave...
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Dec 11, 2012
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afterwards the obamas and dog bo will give a tour of the white house. hundreds of people are already gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not about economics and has everything to do with politics. taxpayers have now made a total of about $22.7 billion overall from the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through the u.s. to drug car tails and nations like iron. the sweatshirt is nice and all but i could use a golden lasso. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. >> she gets the comedians
afterwards the obamas and dog bo will give a tour of the white house. hundreds of people are already gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not...
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white house. president clinton had decided that he was ing to try to work with th republicans. he brought in a new chief of staff the name of erskine bowles, and in that has popped up again. and he immediately called me and said to my here to work with you and that enabled us to do al of things that i don't think the republicans today can get done with this obama white house. lou:and are you and i in agreement th the republicans are not innear sufficiently strong position, not with the lack of taent, there are ome quesonsabou that but because of the lack f power of the leaers in the house and the role of the housen this negotiation. >> i am not prepared to ay that. i go up to the capitol every week and meet with the republican leaders and lten to them as thy talked very openly about what tir views are d what they're trying to get done. and i cantell you tt they are a lot stronger than they have been presented by the conservative media. the interesting thng about the speaker is to o make you look c
white house. president clinton had decided that he was ing to try to work with th republicans. he brought in a new chief of staff the name of erskine bowles, and in that has popped up again. and he immediately called me and said to my here to work with you and that enabled us to do al of things that i don't think the republicans today can get done with this obama white house. lou:and are you and i in agreement th the republicans are not innear sufficiently strong position, not with the lack of...
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joining us now from washington d.c., peter wallace, former reagan white house counsel, former member of the financial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe there going or the cliff. >> i think their is a real danger of this. one can see a path for obaaa that does not look so terrible if we do go over the cliff. all of the taxes go up, but the democrats have an opportunity to introduce legislation to reduce the taxes for 98 percent of the people leaving the wealthier people, i guess you could call them wealthy, the top two percentage to stay at the high rates. it is possible to do this. lou: it is posible, but i have to ask you, surely the republicans have to understand and had understand six months ago what what transpired in this lame duck session of congress? what this president oud press forward to. the fiscal cliff, the result of sequestration and agreements between the two paries, capitol hill and the white house. why would they not have thought out a position here? >> you know, one of the things that
joining us now from washington d.c., peter wallace, former reagan white house counsel, former member of the financial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe there going or the cliff. >> i think their is a real danger of this. one can see a path for obaaa that does not look so terrible if we do go over the cliff. all of the taxes go up, but the democrats have an opportunity to introduce legislation to reduce the...